How much money do you need to live comfortably in Raleigh?

How much money do you need to live comfortably in Raleigh?

For Raleigh, the median income is $61,500 but the income needed to "live comfortably" for homeowners is $81,542, and for renters it's $80,486.

How much money do you need to live comfortably in Raleigh NC?

You want to earn at least three times the price of your rent to live comfortably. Using Raleigh, North Carolina, as an example, the average resident would need to earn at least $3,969 monthly before taxes to live comfortably.

Is Raleigh safe?

The chance of becoming a victim of either violent or property crime in Raleigh is 1 in 48. Based on FBI crime data, Raleigh is not one of the safest communities in America. Relative to North Carolina, Raleigh has a crime rate that is higher than 59% of the state's cities and towns of all sizes.

What is the cost of living in Raleigh NC?

• Our cost of living indices are based on a US average of 100. An amount below 100 means Raleigh is cheaper than the US average. A cost of living index above 100 means Raleigh, North Carolina is more expensive. Raleigh cost of living is 102.3 Housingis the biggest factor in the cost of living difference. The median home price in Raleigh is $273,900.

Where are the most expensive neighborhoods in Raleigh NC?

• Six Forks Located in North Raleigh, Six Forks is one of the most expensive neighborhoods in Raleigh, with a median home price of just under $500,000. Many of the homes in the Six Forks area are between three and five bedrooms and built between 19.

What's the best thing about living in Raleigh NC?

• One of the best parts about Raleigh is that it's a city with a small-town feel. Raleigh is a city where people know your face and that's all they need to know. It's often you will run into someone you met, recognize their face and embrace in a warm greeting without even knowing one another's names.

Is it cheaper to rent a home in North Carolina?

• In North Carolina, the cost of renting a home could be about the same as purchasing one, but may still be the better overall option for you. Renting generally has fewer up-front costs.